USMMA Welcomes New Member Companies Texas Rare Earth Resources and Stans Energy

USMMA reports Texas Rare Earth Resources (OTC:TRER) and Stans Energy (TSXV:HRE, OTC:HREEF) are new members.

The press release is quoted as saying,

Texas Rare Earth Resources (OTC:TRER) is a mining company engaged in the exploration and development of mineral properties. Its flagship property, Round Top Mountain in Hudspeth County, Texas, is held under a 20-year renewable lease from the State of Texas to explore and develop a rare earth-uranium-beryllium prospect which includes niobium, tantalum and gallium. The lease with the State of Texas covers 860 acres and prospecting permits covering an adjacent 9,345 acres. Independently published data indicates the property may contain approximately 1.6 billion metric tons of rhyolite containing rare earths with an approximate 70% ratio of heavy to light rare earths.

For the complete press release, click here.